CEO N Srinivasan resigns from Loyal Textile Mills, effective June 30

Ceo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

LOYALTEX · price

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Price reactionminutes from the announcement price · days from the prior close

-0.2%Reaction day

₹204.50

prior close

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announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-1.1%+0.9% vs market

On the reaction day the stock moved 0.9 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-0.2-1.1+0.9

Next day

-0.2+1.9-2.1

-0.2+3.7-3.9

-2.2+4.2-6.4

-0.2+5.4-5.6

+1.7+5.9-4.2

+1.7+7.6-5.9

15d

-1.7+7.7-9.4

+1.7+8.6-6.9

+5.1+10.5-5.5

+4.4+13.3-8.9

UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

CEO Mr. N Srinivasan has resigned from Loyal Textile Mills due to personal reasons, effective close of business on 30th June 2026. He stated there are no other material reasons for the move and will assist in a smooth transition. No successor has been announced yet.

Likely market impact

CEO exit may cause short-term leadership uncertainty; investors should watch for successor disclosure and transition updates.